Denmark: Financial Sector Assessment Program-Detailed Assessment of the Core Principles for Systemically Important Payment Systems
IMF Staff Country Reports, March 23, 2007
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- Denmark: Financial Sector Assessment Program-Detailed Assessment of the Core Principles for Systemically Important Payment Systems
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Bibliographic details
- Published: March 23, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451811179.002
Summary and key findings
- This paper discusses key findings of the Detailed Assessment of the Core Principles for Systemically Important Payment Systems for Denmark.
- The main counterparties for the assessment were Danmarks Nationalbank and the Danish Financial Supervisory Authority Finanstilsynet.
- The assessment recommends that the system should have a well-founded legal basis under all relevant jurisdictions.
- The system’s rules and procedures should enable participants to have a clear understanding of the system’s impact on each of the financial risks they incur through participation in it.
Policy recommendations and implications
- Ensure the payment system has a well-founded legal basis under all relevant jurisdictions.
- Design system rules and procedures so participants clearly understand the system’s impact on each financial risk they incur through participation.
Topics, subjects, and keywords
- Subject: Banking, Clearing and settlement systems, Collateral, Financial institutions, Financial markets, Infrastructure, National accounts, Payment systems, Securities.
- Keywords: banking sector, Clearing and settlement systems, clearing member, Collateral, CR, current account, Danish krone, debit card, Europe, financial risk, Infrastructure, ISCR, payment system, Payment systems, Securities, settlement account, settlement cycle, system operator, terms and conditions.
Publication identifiers and access
- DOI: https://doi.org/10.5089/9781451811179.002
- Stock No: 1DNKEA2007005
- ISBN: 9781451811179
- ISSN: 1934-7685
International Monetary Fund. "Denmark: Financial Sector Assessment Program-Detailed Assessment of the Core Principles for Systemically Important Payment Systems", IMF Staff Country Reports 2007, 120 (2007), accessed 9/13/2026, https://doi.org/10.5089/9781451811179.002